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Astec Industries ASTE Provision for warranty

Provision for warranty at other companies

Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$527K+105%
Astec Industries logo
Astec IndustriesASTE
$3M-51.6%
Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$3.34M+94.2%
Enphase Energy logo
Enphase EnergyENPH
-$9.84M-193%
Lucid Group, Inc. logo
Lucid Group, Inc.LCID
$19.11M+55.2%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$8.11M-52.6%

Other financials

Income statement

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Revenue$396.3M+20.3%
Gross profit$99.1M+7.3%
Operating income$9.0M-56.1%
Net income$1.3M-90.9%
EPS (diluted)$0.06-90.3%

Balance sheet

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Cash & equivalents$75.0M-19.0%
Total debt$376.7M+2,630%
Total equity$678.1M+3.8%
Total assets$1.4B+35.3%

Cash flow

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Operating cash flow$40.7M+98.5%
CapEx$8.1M+108%
Free cash flow$32.6M+96.4%

Valuation

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Market cap$1.36B+57.1%
Enterprise value$1.66B+117%
P/E52.6×-4.2×
P/S0.9×+0.3×

Profitability

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Gross margin25.8%-0.1pp
Operating margin3.7%+0.9pp
Net margin1.7%+0.6pp
FCF margin-9.1%-52.3pp

Returns & leverage

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Return on equity3.9%+1.5pp
Debt / equity0.6×+0.5×
Current ratio2.3×-0.3×

Where this comes from

Reported directly by Astec Industries in its filing.

Tagged under the XBRL concept us-gaap:ProductWarrantyExpense.

The official record: Astec Industries’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Astec Industries's provision for warranty?
Astec Industries (ASTE) reported provision for warranty of $3M in Q1 2026.
How has Astec Industries's provision for warranty changed year-over-year?
Astec Industries's provision for warranty decreased by 51.6% year-over-year, from $6.2M to $3M.
What is the long-term trend for Astec Industries's provision for warranty?
Over 4 years (2021 to 2025), Astec Industries's provision for warranty has grown at a 21.7% compound annual growth rate (CAGR), from $10.9M to $23.9M.
What does provision for warranty mean?
This represents the estimated cost recognized during the period to fulfill future warranty obligations for products sold. It reflects the company's assessment of product quality and potential future service liabilities. High or increasing levels may indicate manufacturing quality issues or changes in product reliability standards.